Enterprise
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Slack names Allen Shim as company’s first CFO
In a blog post this morning Slack CEO Stewart Butterfield announced the company is naming long-time employee Allen Shim as the company’s first CFO. “Today, I’m excited to announce another milestone: Allen Shim has been appointed Chief Financial Officer for Slack,” Butterfield wrote in the blog post. He went on to describe Shim as his right hand man, who has been with… Read More
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Microsoft will buy out existing cloud storage contracts for customers switching to OneDrive for Business
Microsoft is targeting its cloud storage rivals including Dropbox, Box, and Google today by offering to essentially buy out customers’ existing contracts if they make the switch to OneDrive for Business. The company says that customers currently paying for one of these competitive solutions, can instead opt to use OneDrive for free for the remainder of their contract’s term. The… Read More
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Mayfield joins Velocity Network to connect enterprise startups with NYC execs
Last year two venture capital firms, General Catalyst and CRV, launched a program called the Velocity Network to get their startups in front of Fortune 500 executives in New York City. Today they announced that Mayfield has joined as the third VC firm in the network.
New York is home to financial, insurance, security, retail, media, and other Fortune 500 companies — the very types of… Read More
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Rubrik acquires Datos IO to expand into NoSQL database management support
Rubrik, the enterprise startup that provides data backup and recovery services across cloud and on-premise environments, is putting some of the funding that it raised last year at a $1.3 billion valuation to use. Rubrik has acquired NoSQL data backup specialist Datos IO, the company announced today, in what appears to be Rubrik’s first acquisition. The financial terms of the deal are… Read More
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Slab raises $2.2M to build tools for an internal employee information nexus
When Jason Chen first ended up at Salesforce through the acquisition of his last company Stypi, he had the tough task of integrating within Salesforce’s complex infrastructure — and not a lot of documentation to go on. Fortunately, Chen’s company had just been acquired and he was able to get the attention of the higher-ups and find that information, which was actually… Read More
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Author Nick Montfort tells us how to define the future
Nick Montfort is a professor in MIT’s Comparative Media Studies/Writing and the author of a new book, “The Future.” His book explores “future makers” – people who create the future with their work. It’s a fascinating read and he’s a fascinating thinker in the space. Our conversation on Technotopia started with the Norman Bel Geddes, designer of… Read More
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Mixpanel analytics accidentally slurped up passwords
The passwords of some people using sites monitored by popular analytics provider Mixpanel were mistakenly pulled into its software. Until TechCrunch’s inquiry, Mixpanel had made no public announcement about the embarrassing error beyond quietly emailing clients about the problem. Yet some need to update to a fixed Mixpanel SDK to prevent an ongoing privacy breach. Read More
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Businesses with Apple and Cisco products may now pay less for cybersecurity insurance
Apple and Cisco announced this morning a new deal with insurer Allianz that will allow businesses with their technology products to receive better terms on their cyber insurance coverage, including lower deductibles – or even no deductibles, in some cases. Allianz said it made the decision to offer these better terms after evaluating the technical foundation of Apple and… Read More
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Storm Ventures brings on two new partners at enterprise-focused firm
In a town full of venture capital firms, Storm Ventures has made its mark with a singular focus on the enterprise. This week, the company announced it has taken on two freshly minted partners, Arun Penmetsa and Paul Willard, to continue the mission. They are doubling the number of partners with this announcement. Penmetsa has been a principal at Storm for the last 3.5 years before being… Read More
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Dell confirms it’s considering combining with VMware and other options in SEC filing
This morning, Dell confirmed previously published reports in an SEC filing, that it is considering various options to possibly reorganize itself. Reports emerged last week suggesting the Dell board was planning a meeting to discuss options for dealing with the enormous debt it took on when it acquired EMC in 2015 for $67 billion. The SEC filing confirmed earlier reports that it was… Read More
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